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is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market became a much better place to invest. so today i don't believe there is a huge difference. you just have to understand the environment. >> so does it create opportunities? if you're looking around the world and not seeing a lot of attractive places, should russia be one of them? >> russia should be. it's growing at 4%. it's the biggest consumer market in europe. so there is enormous amount of opportunity. the problem has been and continues to be the perception western investors have about investing there. so there is this sort of idea that if you invest in russia, you'll lose your
is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market...
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Nov 16, 2012
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in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a. don't hold them in your taxable account. >> let's channel our inner howie mandel, deal or no deal on the fiscal cliff? >> we think deal but not this year. we think there will be a deal around the framework potentially but that the real tax and entitlement reform discussions will have to be hammered out in 2013. >> katie nixon, thanks for being with us. >>> let's hear what washington has to say and we'll talk about that more later on this hour of -- >> tyler, despite what could be positive developments, our economy is still of course to a certain extent being held hostage as we await the outcome
in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a....
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Nov 16, 2012
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in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
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Nov 16, 2012
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don't call in sick, and they make it clear they're walking off because they are protesting the work environment there at walmart where they don't feel they're being heard appropriately, are they likely to be fired? >> we want to listen to them. we want to hear whatever their concerns are. you know, not with a union representative there. they've been to our home offices. we want to sit down and listen to them, but they don't want to do that. every circumstance is going to be different on black friday. we'll take them on a case by case basis. >> we hope you can figure this out. thank you, david. >> thanks for having me on. >>> we are counting down to the bell. let's take a look at what the dow is up to. we have been all over the place today. at this stage, we're moving up by 0.3%. that's 37 points. >> i've heard the bias on the close is to the up side, to the buy side. we'll see if that holds. apple shares have lost a quarter of its value in the past two months alone. when we come back, we'll look at if this is the ultimate bargain or ultimate value trap in talking numbers. >>> plus, delta is res
don't call in sick, and they make it clear they're walking off because they are protesting the work environment there at walmart where they don't feel they're being heard appropriately, are they likely to be fired? >> we want to listen to them. we want to hear whatever their concerns are. you know, not with a union representative there. they've been to our home offices. we want to sit down and listen to them, but they don't want to do that. every circumstance is going to be different on...
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Nov 16, 2012
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i think dividend payers will continue to work in what i see as a bond friendly environment for the economy. >> if the dividend rate does change and it is impactful to the change, empirical data shows that 3 months to 6 months they underperform non-dividend payers by 50%. >> grasso, do you have trades on it? >> i bought wynn for a growth story, not a special dividend. what's important to viewers is to know that once it goes ex-div, they do not have to hold it until the payable date. if they're trading off this, it is one thing. if they're investing off this, totally different. the dividend plays, 402 out of 500 s&p companies pay a dividend, the most since '99. any change to the dividend status is impactful to the overall market. >> what's your microsoft? watch out for that. >> more on the market move, moving higher. plus casino company makes a huge bet and it is paying off for shareholders today. so will others follow suit. lots more halftime report straight ahead. [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashbo
i think dividend payers will continue to work in what i see as a bond friendly environment for the economy. >> if the dividend rate does change and it is impactful to the change, empirical data shows that 3 months to 6 months they underperform non-dividend payers by 50%. >> grasso, do you have trades on it? >> i bought wynn for a growth story, not a special dividend. what's important to viewers is to know that once it goes ex-div, they do not have to hold it until the payable...
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based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american business about the ways that we needed to solve this problem. i think there is is a path to get this done. it's not going to get all done before the end of the year. but i think our message to the president was we're here to support you if you can avoid the cliff and put together a very specific framework on how we're going to get the economy going. because going over the cliff creates more joblessness. and if we can avoid that, we still don't grow the economy in 2013, so we need to show the business community, and quite frankly, all americans, that we have a plan to deal with this deficit so that we can grow e
based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american...
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Nov 14, 2012
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we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get a lift. when we get a lift, if you are this person who says i need to take some risk off the table, that's when you do it. so if you're looking to go into 2013 and you are uncertain, as i am, i think we have a lot fourth go down. so if you're a trader, i think you can trade this to the up side. if you're a longer term investor, you get a pop, you take some off the table and you re-evaluate like in six months. >> that's the strategy. wait for a gain so you're not selling out at the bottom here. >> i think selling in the red today is not prudent. >> ok
we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get...
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Nov 12, 2012
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if you have a supervisor who's having a relationship with a subordinate and it creates a difficult environment for the other members of the team. is there legal recourse by those other members of the team, and if there is, how often does that type of action happen? >> in my experience it's unlikely that someone would sue for a situation like that but i can tell you from personal experience that they certainly complain. they find it very disturbing to work with people who are having an affair and so they certainly are unhappy about it. clearly there is huge legal ramifications for having an affair with a subordinate. when we know many companies that have had to pay very large fines because of that. so it is expensive and dangerous. >> thank you very much. the book again, "the discrete guide for executive women -- how to work well with men and other difficulties." as sex scandals rock the defense world, women are stepping in to lead. top companies now choosing females as their chief executives. the latest hire, lockheed martin, long-time executive marilyn huson. is this a trend or is the industr
if you have a supervisor who's having a relationship with a subordinate and it creates a difficult environment for the other members of the team. is there legal recourse by those other members of the team, and if there is, how often does that type of action happen? >> in my experience it's unlikely that someone would sue for a situation like that but i can tell you from personal experience that they certainly complain. they find it very disturbing to work with people who are having an...
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dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global report, there are reports out of israel, two hamas rockets have hit southern tel aviv, landed in an open field and reports say they did not cause any damage but this comes after a night of air strikes by israel against hamas in the gaza strip and we are watching that situation closely as well. joe? >> cnbc is making the push to rise above and yesterday former wyoming senator, alan simpson and the simpson of simpson-bowles spoke to cnbc and pretty much laid out our campaign. >> the leaders of both parties who think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we co
dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global...
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
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we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is that a problem? >> i think that was an omission, there were no large commercial bankers or wall street bankers in that meeting yesterday. so i thought that was quite interesting that the white house chose not to invite anyone. >> where are you on on financials right now? the stocks have come off. it's been a horrific little ride here. >> it has. the bank stocks have been one of the best performing sectors going into the third quarter. they're up over 20%. they've been one of the weakest sectors since the third quarter results. and i think what's happened is this fiscal cliff has everybody concerned especially
we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is...
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and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal cliff. who cares. i heard this even from some people whose opinions i respect. well known economists and columnists. good heavens. did anybody look at what happened last time we were talking about this? the fiscal cliff is a wake-up call to politicians. august 2011, we were all here sitting on this floor when they couldn't agree on simple ability to raise the debt ceiling and they downgraded the debt. remember what happened? the s&p dropped 7% that week on the monday after it dropped another 7%. the vix went to 50 for a long time it stayed there. it ruined it the entire summer. almost the entire year of
and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal...
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that is a real scoop in an environment where there are no deals, david brought us a very good scoop. >> that's why you haven't participated in any of this. there are no other deals. this was the only one. >> not many needles in the hay stack. >> david found the only one. thank you for bringing it here, david. boyd jeffries name. >> what was it exposure in europe? >> egan had all sorts of rhymes and reasons for that company falling apart. >> we'll talk about shipping right now, from i-phones to apparel, cnbc's senior talent producer, lori ann larocco, our staff, incredible producer and her book "dynasties of the sea," and lori ann, reading through this, we know how important shipping is, we talk about it every day but there were things i didn't realize how much of the things in our homes are brought to us from ships. >> 92% of everything in a household has been on a ship and ever since superstorm sandy we've all realized how important shipping is as we're all going through this gasoline crisis. it's really amazing in terms of the wide breadth that the shipping industry has on the econ
that is a real scoop in an environment where there are no deals, david brought us a very good scoop. >> that's why you haven't participated in any of this. there are no other deals. this was the only one. >> not many needles in the hay stack. >> david found the only one. thank you for bringing it here, david. boyd jeffries name. >> what was it exposure in europe? >> egan had all sorts of rhymes and reasons for that company falling apart. >> we'll talk about...
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decided that porn actors who don't use condoms while on the job create an unsafe work environment sxrshgs from now on they got to wear them. the trouble is that's apparently bad for business. porn does not sell so well when the actors, how shall i say, put up a wall, and now that industry that brings 10,000 jobs to l.a. county and generates millions in tax revenue says that it may be looking for another state in which to set up shop. the l.a. times has been covering this story for years, and i'm joined by ron lynn who is one of their reporters who has been on this story. while this is fun to report on, it's also extraordinarily serious for the economy of this community and are they serious when they say change this or we're out? >> that's what they say. they say that they will not -- if l.a. county doesn't enforce this rule, they wi-- does enfor they will leave the county and perhaps the state. >> is that something that will cripple the county and have a huge impact on the state, or will they be able to recover somehow? >> you know, it's hard to say. the industry has said that it has a ma
decided that porn actors who don't use condoms while on the job create an unsafe work environment sxrshgs from now on they got to wear them. the trouble is that's apparently bad for business. porn does not sell so well when the actors, how shall i say, put up a wall, and now that industry that brings 10,000 jobs to l.a. county and generates millions in tax revenue says that it may be looking for another state in which to set up shop. the l.a. times has been covering this story for years, and...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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the track, doing things around the track activities to get their mind off things, to create a nice environment for them to enjoy and the group that came out to cover this said we expected you to be an a-hole. we expected you to be upset down and backwards with granting access to us. and i went, this is who i am. >> are you a nice guy? >> he's a very nice guy. >> this is not who you see. there's always that busch brother problem. baldwin brother problem. >> don't put me in that group. >> seriously, are you a nice guy who is just misunderstood? >> i have a fiery attitude when i put the helmet on. it's just that mentality of when you go into battle and you're a sports guy, you have to do what it takes to win. sometimes it rubs people the wrong way. especially the fabric of the way everything hases viewed these days has to be so clean, crisp cut and you can't have any blemishes. coach bobby knight is a guy i looked up to, tossing chairs, that's how my dad taught me. >> i love how you drive, first of all. watching this documentary, i was struck by how much you seem to mistrust and not like the medi
the track, doing things around the track activities to get their mind off things, to create a nice environment for them to enjoy and the group that came out to cover this said we expected you to be an a-hole. we expected you to be upset down and backwards with granting access to us. and i went, this is who i am. >> are you a nice guy? >> he's a very nice guy. >> this is not who you see. there's always that busch brother problem. baldwin brother problem. >> don't put me...
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lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-511-3035 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ zimplt this is the cnn newsroom. we're continuing our special coverage right now. the president's first news conference since being re-elected. i'm wolf blitzer in washington. i'm joibd by our league suzanne malveaux. these shooes at the cnn center in tlapt. our gloria borger, our donna brazil and alex, our national security cred
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-511-3035 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. since ameriprise financial was founded back in 1894, they've been committed to putting clients...
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Nov 16, 2012
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. (child screaming underwater)... (underwater noises). trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. let's get to work. . >>> former cia director, david petraeus, on capitol hill today testifying about the deadly attack on the u.s. kons late had in benghazi libya. partisan differences remain over the obama's administration's characterization specially their remarks by ambassador to the united nations susan rice. >> it goes to show that when you try to get information out very quickly, and because of congress wanting to hear about it, the administration, and media, that information with respect to intelligence evolves and
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. (child screaming underwater)... (underwater noises). trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these...
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>> that was a good investment even as that was a very, very terrible period for the american -- >> environment, economy, on and on and on. >> environmental region. >> thanks, christy. >> you're welcome. >>> wait until you hear what mitt romney is saying now, that is coulding up. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding sho
>> that was a good investment even as that was a very, very terrible period for the american -- >> environment, economy, on and on and on. >> environmental region. >> thanks, christy. >> you're welcome. >>> wait until you hear what mitt romney is saying now, that is coulding up. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it...
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the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor in our f
the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better...
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so just to get a whole different environment. we cannot let the republicans say, hey, if we could just hide this. i mean, i don't want to hear about how you hide your views. i want to hear about how you change your views. >> picking up on that. did you see that in your research as you -- message development reach out to women that you had to integrate these issues of social and economic messages, that they are a basket of issues that affect women's lives? >> they were part of a basket. i think what's important is that when we were targeting these independent voters at battleground states, these women were reacting very much to the same messages that most voters were reacting to. i think when we're talking about getting more women into the pipeline, though, i want to sort of go back to i think the big story of this campaign and recruiting and getting more women involved and sort of really waking up that independent female voter both who's becoming more conscious of these issues but also thinking of possibly running and which party
so just to get a whole different environment. we cannot let the republicans say, hey, if we could just hide this. i mean, i don't want to hear about how you hide your views. i want to hear about how you change your views. >> picking up on that. did you see that in your research as you -- message development reach out to women that you had to integrate these issues of social and economic messages, that they are a basket of issues that affect women's lives? >> they were part of a...
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Nov 13, 2012
11/12
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corruption and linking it with business minded approaches to aids, and therefore leveraging it to create the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec to try and overthrow that. that is astonishing. i know people and oil companies who are amazing people, and it is very important to energy here. in this case it is not a political issue. europe and america are going to make this outlandish opacity, and if that is not a word, i would like to suggest it to the oxford dictionary. when you publish what you pay, then the civil societies in those regions get to hold the government to account. that is one of the best things you can do to stimulate business investment. thank you. >> i am stating international development so this is close to my heart. how we develop the pe
corruption and linking it with business minded approaches to aids, and therefore leveraging it to create the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec...
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Nov 17, 2012
11/12
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...
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Nov 15, 2012
11/12
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freedom and not dependency provides the environment needed to achieve thesegoals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. in conclusion, one of the greatest
freedom and not dependency provides the environment needed to achieve thesegoals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...
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Nov 14, 2012
11/12
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just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the caller brings up a great point. this idea of tax fairness. who should pay more? another caller brought up before. what this caller is scion is that something that the president echoed again and again on the campaign trail. and he feels like this as part of the government moving forward. part of the tax fairness issue is at the wealthy should pay more to help pay down the deficit. the other caller was saying he feels like more people should pay federal income taxes to pay down the federal it deficit. this is sort of the two ways that the parties beer taxes or one way that they do. the fac
just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the...
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Nov 13, 2012
11/12
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but this doesn't advance yemen down the road and doesn't create the environment that we all want to see in yemen which is a place where al qaeda doesn't have safe havens. >> ibrahim. >> thank you. that's a very good question. i have an op-ed in the -- that came out yesterday that addresses this issue in particular. and about hadi sending his congratulations to the new term for president obama and the issue of actually in his congratulations thanking him for dealing with counterterrorism policies. let's keep in mind that no president -- president hadi is actually part of the old regime. he was the vice president of president saleh and he's a military man. he's a military man with a military history and the vice president of the old regime, of the old president, and he was part of the policies that have been adopted in the past decade. so that's one. from the number of statements that hadi talking about -- -- the military units which is one of the major challenges that president hadi's facing now. and actually that will have success or failure in the interim phase that he's leading now. t
but this doesn't advance yemen down the road and doesn't create the environment that we all want to see in yemen which is a place where al qaeda doesn't have safe havens. >> ibrahim. >> thank you. that's a very good question. i have an op-ed in the -- that came out yesterday that addresses this issue in particular. and about hadi sending his congratulations to the new term for president obama and the issue of actually in his congratulations thanking him for dealing with...
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Nov 15, 2012
11/12
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eye 162
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this is a different environment, and we should not let the republicans say, we can just hide this. i do not want to hear how you hide your views. i want to hear how you change your views. >> when you see the message on how to integrate these ideas that they are part of the issues s?at affect your live specimen >> when we were targeting battleground states, these women were reacting to what voters were reacting to. when we are talking about getting more and women into the pipeline, i want to go back to the big story of this campaign and recruiting and getting more women involved and waking up that independent voter, who is becoming more conscious of these issues but also thinking about running and which party they might align with the reagan -- they might align with. one thing we talked about is the amount of money spent on these campaigns that paralyzes the candidates, because they look at it like, how can i even take that on? part of these independent female voters. >> turning out women, i think this was not just about women candidates, but women about the board. how important is
this is a different environment, and we should not let the republicans say, we can just hide this. i do not want to hear how you hide your views. i want to hear how you change your views. >> when you see the message on how to integrate these ideas that they are part of the issues s?at affect your live specimen >> when we were targeting battleground states, these women were reacting to what voters were reacting to. when we are talking about getting more and women into the pipeline, i...
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Nov 14, 2012
11/12
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eye 168
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freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. in conclusion, one of the greatest
freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...
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Nov 14, 2012
11/12
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we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we fo
we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put...
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Nov 15, 2012
11/12
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caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the sevty of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by the public to make informed decision about investment and they chose to mislead the public. that is not what we expect from public companies and their management and it is in times of congress the need for accurate information is most acute. i want to recognize the hard work of the f.c.c. staff that conducted this investigation including brian thomas and mat ralph. they are the kind of public serve vants that americans can be proud of. i want to thank the members of the deep water horizon task force. and i want to thank the leadership of the department of justice, the attorney general, associate
caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the sevty of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by...
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Nov 18, 2012
11/12
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i think there was a sense on issues like injury and the environment. they had a vision where we have competition in places like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout
i think there was a sense on issues like injury and the environment. they had a vision where we have competition in places like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health...
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Nov 15, 2012
11/12
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host: environment, public works are among the committee's senators sanders sits on. he was the mayor of burlington. gloria from texas. caller: good morning. can used to that chart that you showed earlier about what they would be paying in taxes? host: we will get the ready for you. did it concern you? caller: everybody is talking out devastating it will be to go over the cliff. people making under $20,000, $7.50 a week. there is only $270 a week. i didn't think the country will be devastated if those tax rates become effective. president obama did get a mandate to implement the taxes. he won over 2.9% of the popular vote. that is a greater percentage, not counting bush, who did not win the popular vote. host: this comes from the tax policy center and shows with the tax increases could be. guest: that is a significant tax increase and we have to avoid it. the president has urged and i support -- let's vote today on making sure that the bottom 98% of taxpayers in this country, people up to $250,000, we will make sure they will continue to get the tax breaks for the las
host: environment, public works are among the committee's senators sanders sits on. he was the mayor of burlington. gloria from texas. caller: good morning. can used to that chart that you showed earlier about what they would be paying in taxes? host: we will get the ready for you. did it concern you? caller: everybody is talking out devastating it will be to go over the cliff. people making under $20,000, $7.50 a week. there is only $270 a week. i didn't think the country will be devastated if...
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Nov 19, 2012
11/12
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the cost of the debt service in that environment will be enormous. investors and retirees with social security and state debt will see their portfolios lose value. home buyers will see the cost of mortgages to rise and home owners will likely see the price of their homes fall. as few buyers qualify for these mortgages. the government could have its back to the wall at that point and we would be forced to embrace more drastic steps to ensure fiscal balance of the government does not take action now. why hasn't the government taken action? let's be candid -- putting aside the rhetoric -- rhetoric and the possible last two weeks, the behavior in washington in recent years confirms we have lost the ability to compromise. politicians who attempt to move to the center are set upon by their own side. one size faces continuing pressures never allowing a cent of spending cuts and there's a call countervailing opinion from the others as a reserve -- the other side that does not want a tax increase. each side of states the other side cannot win no matter what t
the cost of the debt service in that environment will be enormous. investors and retirees with social security and state debt will see their portfolios lose value. home buyers will see the cost of mortgages to rise and home owners will likely see the price of their homes fall. as few buyers qualify for these mortgages. the government could have its back to the wall at that point and we would be forced to embrace more drastic steps to ensure fiscal balance of the government does not take action...
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Nov 14, 2012
11/12
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not to create jobs but craig the environment for success. that is where we were not able to translate that. >> yes, sir. >> i would like you to come back to me on -- i agree. i think we are center-right country. i do not think the perception is out there that the republican party is a center-right party. the perception is much further right. the far right that tends to scare people more. milliken to the on how to vote bank because of that perception. >> i agree. i think your doctors are probably that demographic. -- daughters are probably that demographic. i think you're right. that is a perception of -- for such a lot of people have. -- a lot of people have. for your daughters, social media is so much more important to them. it is not just this new technology we talked about. it is how the reach people with a live? which for a lot a young people, they are online. idea.boadebroader the other side was effective in taking the comment that the missouri. >> yes, sir. >> senator, it seems to me the policies yet in the fight as may be needing chan
not to create jobs but craig the environment for success. that is where we were not able to translate that. >> yes, sir. >> i would like you to come back to me on -- i agree. i think we are center-right country. i do not think the perception is out there that the republican party is a center-right party. the perception is much further right. the far right that tends to scare people more. milliken to the on how to vote bank because of that perception. >> i agree. i think your...
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Nov 18, 2012
11/12
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we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we fo
we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put...
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Nov 16, 2012
11/12
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...
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Nov 20, 2012
11/12
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the international environment is not part of the discussion. july 1914 and slow motion. we have a trillion dollar deficit plus. two-thirds of dodd-frank had not been written, etcetera. i have not heard any solutions. i think you are right -- you ought to published on-line bills, we don't do that. i think transparency is great. but we have a real situation that unless it is fixed, this fiscal cliff could be potentially catastrophic especially when it is added to what is happening in europe. what can do you think then begun positively given a deadlock? if we did not get this fixed, would you agree we have a huge problem? >> yes, we have a huge problem. the federal government has run up $5 joe in of that and nothing to show for it the last four years, the economy is weak -- the government has run up $5 trillion in debt. you go back into the century, they have all recoup a lot faster than this one. obama and hoover both reacted the same way to a recession, which was more spending, higher taxes, and massive new regulations and fdr -- who had not done anything hoover had not d
the international environment is not part of the discussion. july 1914 and slow motion. we have a trillion dollar deficit plus. two-thirds of dodd-frank had not been written, etcetera. i have not heard any solutions. i think you are right -- you ought to published on-line bills, we don't do that. i think transparency is great. but we have a real situation that unless it is fixed, this fiscal cliff could be potentially catastrophic especially when it is added to what is happening in europe. what...
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Nov 18, 2012
11/12
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they are concerned about food safety and the environment. the quality of life issues. host: walk us through the new leadership in china. guest: they cut it down by two. let's talk and more decisions. xi jinping will be the head of the military. host: his background. guest: he is to run large coastal provinces -- he used to run large coastal provinces. he has lineage with mao tse- tung. the person who will be the premier is ranked number two in the party. host: what is his background? guest: he came from a poor province. he has a ph.d. from a famous university in china. he has a solid command of english. he is seen as more of a reformer. host: is there a strong middle- class or is there a disparity between the poor and the wealthy in china? guest: that is the most serious problem for the leadership to address, social inequality. there are 200 million people are considered middle class. they are demanding an expecting different things from the leadership that they may or may not be able to deliver. host: the president is circling china through southeast asia and not goin
they are concerned about food safety and the environment. the quality of life issues. host: walk us through the new leadership in china. guest: they cut it down by two. let's talk and more decisions. xi jinping will be the head of the military. host: his background. guest: he is to run large coastal provinces -- he used to run large coastal provinces. he has lineage with mao tse- tung. the person who will be the premier is ranked number two in the party. host: what is his background? guest: he...
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Nov 15, 2012
11/12
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taxpayers cannot afford to lavish unnecessary subsidies on large agri business while harming the environment and shortchanging small farmers and ranchers. surely, tea party republicans and members of the progressive caucus can come together to improve nutrition, wildlife habitat, hunting and fishing while strengthening family farms. and since big bird dodged a bullet during the presidential campaign, maybe it's time to address the vital role that the federal support for public broadcasting plays which we all rely on, not just for news and information, but education for our kids, and as illustrated by hurricane sandy, emergency communication. with incredibly broad public support from americans regardless of political party, congress should make a long-term financial commitment to funding the most trusted brand in broadcasting so it can plan for the future. the last 10 years have been characterized by bipartisan cooperation to promote access to safe drinking water and sanitation around the globe. my 2005 legislation, co-sponsored with henry hyde, bill frist, harry reid, saved lives and made fr
taxpayers cannot afford to lavish unnecessary subsidies on large agri business while harming the environment and shortchanging small farmers and ranchers. surely, tea party republicans and members of the progressive caucus can come together to improve nutrition, wildlife habitat, hunting and fishing while strengthening family farms. and since big bird dodged a bullet during the presidential campaign, maybe it's time to address the vital role that the federal support for public broadcasting...
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Nov 18, 2012
11/12
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other than the intimidating of its environment. i was a meeting this year with a group of people who describe themselves as reformers in russia. at these meetings i had said -- you want a democratic system? are you crazy? [laughter] >> another question about china -- is some level of corruption in chinese politicians inevitable? is there some level that is acceptable for the party? is the problem the [unintelligible] -- that he went above that threshold? >> i think it was primarily an attempt to achieve preeminent or eminent outside of the established patterns of progress being made within the party. because if he had succeeded, it would not change the whole structure of the party. there is no acceptable level of corruption. is some level of except -- corruption acceptable? it is not for an outsider to say. every indication is that there will be demonstrative evidence to curtail corruption. that is the big question. i think they will succeed, but it will be a rocky road. >> with the u.s. becoming increasingly self-reliant regarding
other than the intimidating of its environment. i was a meeting this year with a group of people who describe themselves as reformers in russia. at these meetings i had said -- you want a democratic system? are you crazy? [laughter] >> another question about china -- is some level of corruption in chinese politicians inevitable? is there some level that is acceptable for the party? is the problem the [unintelligible] -- that he went above that threshold? >> i think it was primarily...
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Nov 19, 2012
11/12
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those remain a central afford -- the central for the environment and for economics. host: here is from an article. sweet springs, missouri, mike is on the line. he is a democrat. caller: i think the producers ought to be giving americans a trade-off in one of three categories. we know our price of water is going to go up in the u.s. and if our water rose up and our gasoline remains the same amount because of exporting and the cost of shipping, with one of vigor energy costs in water, electricity, and gas just because of shaving. -- shaling. the producers ought to give one thing at least, guarantee higher wages, or reduce gasoline costs. you cannot do this to the american people on all three sectors with no trade-offs. if we are going to pay high costing gasoline, high-cost in water up to $5 per gallon for bottled water -- people are paying $2 per gallon from bottled water now. we need a trade off. i do not think that the producer should be allowed to do anything unless the american people are given a fair shake on one of the three items. guest: water is one of those
those remain a central afford -- the central for the environment and for economics. host: here is from an article. sweet springs, missouri, mike is on the line. he is a democrat. caller: i think the producers ought to be giving americans a trade-off in one of three categories. we know our price of water is going to go up in the u.s. and if our water rose up and our gasoline remains the same amount because of exporting and the cost of shipping, with one of vigor energy costs in water,...
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Nov 20, 2012
11/12
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and if you multiplied that over minutes and hours there is a lot of opportunity to explore different environments. in addition, flu viruses, as captain dan was saying, have the ability to not only new tape that way, but also they can exchange genome segments -- mutate that way, but they can also exchange genome segments and developed a new landscape. and then take off. >> so we have these viruses that are spilling over from animals into humans. in some cases, they cause no symptoms at all. in some cases they become harmless passengers. as far as we know, it causes no symptoms in humans, it spills over from a kind of monkey in southeast asia and gibson to people through contact, like that monkey temples where people are feeding. -- gets into people to contact, like monkey temples where people are feeding. it is an indicator to transfer and that could also result in the transfer of a nasty virus. some of them have no clinical effect on humans. some of them cause outbreaks that are gruesome and relatively short, like ebola. it is relatively easy to contain. it kills a lot of people but it does not c
and if you multiplied that over minutes and hours there is a lot of opportunity to explore different environments. in addition, flu viruses, as captain dan was saying, have the ability to not only new tape that way, but also they can exchange genome segments -- mutate that way, but they can also exchange genome segments and developed a new landscape. and then take off. >> so we have these viruses that are spilling over from animals into humans. in some cases, they cause no symptoms at...
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Nov 12, 2012
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we're not dealing with medicine, just environment. if you had a drug that will give you 10-15% improvement on your outcome, they would throw billions at you. >> you cannot really argue with that. it sounds like a great plan. was there someone specifically? how did you become interested in teenage cancer? how did you notice there was a gap in this? >> as i said earlier, i noticed basically because my doctor and his wife noticed. i just have one of those brains that seem to me straight line, sensible things to do. there is a huge problem in madison of the moment. costs are going through the roof. there are other things you can do to improve the care of the patient. the one role of medicine that is observation of pedicethe patien. basically from the beginning when it was posed to me as a problem. >> when it was announced you were speaking here we did get questions from the general public, and some came from young adult teenage cancer folks that are still fighting it. they have some questions. they want to know if you have thought about t
we're not dealing with medicine, just environment. if you had a drug that will give you 10-15% improvement on your outcome, they would throw billions at you. >> you cannot really argue with that. it sounds like a great plan. was there someone specifically? how did you become interested in teenage cancer? how did you notice there was a gap in this? >> as i said earlier, i noticed basically because my doctor and his wife noticed. i just have one of those brains that seem to me...
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Nov 16, 2012
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the herds of cows that dairy farmers are working hard every day against a very challenging market and environment. we have a solid reform in the farm bill in terms of setting up a risk insurance plan for the first time in american history. have full support from the dairy industry and dairy providers. lots of compromise and negotiation. again, a $23 billion reduction to the deficit in terms of last -- the last farm bill. that was done on june 19. since then the house leadership has refused to bring a farm bill to the floor despite the fact that the house agriculture committee, which i sit on, actually passed a bipartisan measure, so it was teed up and ready for action here on the house floor. and yet we have gone five months since the senate acted. we have seven weeks of recess prior to this past tuesday. we have american farmers who are sitting out there trying to figure out what on earth is going to be the future in terms of their production and their businesses. and as i said, if you look at the one example of milk, without having a farm bill in place on january 1, we are going to see basicall
the herds of cows that dairy farmers are working hard every day against a very challenging market and environment. we have a solid reform in the farm bill in terms of setting up a risk insurance plan for the first time in american history. have full support from the dairy industry and dairy providers. lots of compromise and negotiation. again, a $23 billion reduction to the deficit in terms of last -- the last farm bill. that was done on june 19. since then the house leadership has refused to...